Let’s play a guessing game, shall we?
On Thursday, Selectica of San Jose filed an 8-K disclosing that its board had voted earlier this month to raise the salary of its chief financial officer, Bill Roseschlein, to $250,000, though the company didn’t disclose his previous salary. Still, that’s a decent paycheck even in Silicon Valley dollars. He could also get a performance bonus of $62,500.
But more intriguing was this: The company, which helps other companies develop online sales systems, will give him a bonus of $25,000 based on the “successful completion of a particular assignment prior to the close of fiscal year 2008.”
Send in your best guess as to what that “particular assignment” is, and the winner will get, well, the satisfaction of being right.
And by the way, he’s not the only one assigned to the “particular assignment” team. Steve
Goldner, the company’s vice president of engineering, could also get a bonus of $25,000 based on the “successful completion of a particular assignment.”